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St. Louis Bank Statement Programs

This is one of the best loan options for self-employed individuals. Bank Statement Programs provide entrepreneurs, freelancers, or other individuals who do not have a consistent income stream, the ability to pay for a mortgage. For aspiring St. Louis homeowners or investors who meet the criteria, apply with USA Mortgage. We’ll make the process as simple as possible ensuring a commitment to find you the best rates and options. Start the process today! Possibility is just a click away!

What are Bank Statement Programs?

Designed to help self-employed borrowers, entrepreneurs, or freelancers, bank statement programs make it easier to qualify for a loan or mortgage. With bank statement programs, borrowers use bank statements instead of tax returns to prove their income — a helpful option for borrowers who have complicated tax situations or who have recently started their own businesses.

Loan officer signing off on loan paperwork.
Who is eligible for a Bank Statement Loan in St. Louis?

Eligibility depends on a few factors. For one, bank statement programs require 2 years of self-employment. Along with those 2 years, you must provide 12 months of personal bank statements or 24 months of business bank statements. Finally, for the best options and rates, these loans require a credit score of 600 or more. 

Why a Bank Statement Program?
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What our clients have said

They worked very diligently to get things taken care of and when it came down to knowing exactly what I needed to get me approved for my loan they were on top of it every time. I would have to say USA Mortgage made financing my home one of the easiest parts of the home buying process…
Nakea M. 6/18/2021
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Your Next Home in St. Louis Starts Here.
Apply today and See How USA Mortgage Can Help You

Ready to Apply for a Bank Statement Program in St. Louis? Our Mortgage Loan Originators at USA Mortgage are here to make possibility become a reality. We’ll make the loan process easy and have you ready to move into your St. Louis home before you know it. So why wait? Apply now and see what rates we’ll provide for you.